With the ease of online advertising and access to an ever-increasing pool of information, property scams and cybercrime have become prevalent and even more sophisticated than ever before.
From mysterious emails to confidence tricks, we’ve all come face-to-face with a potential scam at least once in our lives – and according to the
According to Johan Meyer, a licensee for Seeff Pinelands, one should never part with any money or pay any deposit unless they have verified the request and that the transfer will be held in a trust account, preferably that of the respective conveyancing attorney. Gerhard van der Linde, MD for Seeff Pretoria East adds that property purchasers should also check that a signed disclosure document is available which discloses all defects, both patent and latent. Approved plans should also be available and up to date.
If you cannot find information about the person advertising the property online, it should immediately raise a red flag.
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